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Hard realities -Renu Kohli

-The Telegraph The economy remains vulnerable to headwinds The shortfall in economic growth in the April-June quarter against rosier predictions of most, including the central Bank, came as a surprise.Few anticipated the gap between expected and actual performance would be as much (2.5-3 percentage points). It has prompted a tide of downward revisions for the whole year; these follow a previous round, two months ago, due to inflation, higher interest rates, and...

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Was ethanol the reason for the Ban on broken rice exports -Raju Sajwan and Shagun

-Down to Earth A look at official data shows that the allocation of Food Corporation of India rice for ethanol was drastically increased in 2021-22, as compared to 2020-21. But the government has now put restrictions due to low production The Narendra Modi government imposed restrictions on the export of broken rice September 8, 2022. A number of theories are doing the rounds as to why the government did this, including a...

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Retail inflation inches up to 7% in August led by food price rise

-The Hindu The RBI has estimated a 7.1% inflation rate for the July to September quarter India’s retail inflation touched 7% in August, up from 6.71% in July, fuelled by a 7.62% pick-up in food prices paid by consumers, even as industrial production growth in July had dropped to the lowest level since April at just 2.4%, with output levels dropping 2.75% month-on-month.   This is the eighth successive month that retail inflation...

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100-Day Employment Scheme: Ashok Gehlot's Job Push Ahead Of Rajasthan Polls

-PTI/ NDTV.com Calling the launching of the Indira Gandhi UrBan Employment Scheme historic, Ashok Gehlot said any family that wants to increase their income at a time of high inflation could seek jobs under it. Jaipur: Rajasthan Chief Minister Ashok Gehlot on Friday launched a scheme on the lines of the MGNREGA to provide 100 days of employment to families in urBan areas. Calling the launching of the Indira Gandhi UrBan Employment Scheme...

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India imposes export curbs on rice as domestic prices rise & paddy area shrinks -Sayantan Bera

-ThePrint.in Twenty per cent export tax on several varieties of rice. 'Circumstances exist which render it necessary to take immediate action', says revenue dept notification. New Delhi: India, the world’s largest exporter of rice, Thursday imposed a 20 per cent export tax on several varieties of rice in a bid to tame domestic prices. According to a notification issued by the department of revenue, all export of paddy (unmilled rice), brown rice and...

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